Bullish hammer candle after taking out PML. The discount of the dealing range was also reached so right now looking for EQHs and 2023 yearly highs for next HTF objectives.
Looking for a daily market structure shift and for this bullish breaker to form for additional confirmation for further upside.
After the PMH raid within the bearish POI I’m looking for shorts and targeting this midrange.
We’re likely going to see a SIBI form on the daily chart. Ideally I’d like to see Monday range form then a deviation of Monday high into the SIBI for shorts.
Bearish weekly close after taking out PMH so looking for price to draw towards internal liquidity where this weekly fvg is.
Within the weekly fvg there’s a daily fvg that lines up with the weekly orderblock so looking for that to be the next DOL with LRLR resting below for sellside liquidity.
Thank you for reading this article. From the CFT team we wish you a happy week and good trades. This article should not be taken as an investment recommendation but in an educational and formative way.
Written by Dangstrat
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